Results 1 to 8 of 8
  1. #1
    Newbie
    Join Date
    October 21st, 2015
    Posts
    4
    APD/DGM Going Bust
    APD/DGM has stopped publishers payments network wide and after speaking to 2-3 people in the industry, one mentioned that they were concerned about APD/DGM going bust for a long time. An email already went out from the company to publisher which confirmed delay of payments until later this month.

    It's no secret that APD/DGM has been pushed to the wall by Linkshare/Commission Factory and most of old DGM tactics to rip off both merchants and affiliate don't work anymore but what happens to the payments to publishers if DGM/APD is unable to pay? They already carry 6-7 months of payment log (13 months standard transaction approval time) in some cases||

    Can anyone confirm the news and what happens to the payments? It will be great if a DGM/APD person can explain the payment delays in a transparent manner!

    Thx

  2. #2
    OPM and Moderator Chuck Hamrick's Avatar
    Join Date
    April 5th, 2005
    Location
    Park City Utah
    Posts
    16,646
    I don't know anything about APD/DGM personally but if its akin to our CPA networks in the US they come and go every year. If they go under affiliates are out any commissions owed.

  3. #3
    Newbie
    Join Date
    October 21st, 2015
    Posts
    4
    Quote Originally Posted by Chuck Hamrick View Post
    I don't know anything about APD/DGM personally but if its akin to our CPA networks in the US they come and go every year. If they go under affiliates are out any commissions owed.
    Thanks.

    APD (formerly DGM) used to be the largest affiliate network in Australia but they have been hit hard by Linkshare setting up local presence in Australia and another very agile network (commission factory) as DGM relied heavily on screwing advertisers through unethical PPC affiliates, pay per view cookies & other similar tactics and these tactics are no longer acceptable to most advertisers except a few large ones DGM still holds.

    Nonetheless if true, its a bad news for poor affiliates who will be left to bear the brunt of all this mess created by a dodgy network!
    Last edited by ozdownundr; October 21st, 2015 at 06:27 PM.

  4. #4
    Super Dawg Member Phil Kaufman aka AffiliateHound's Avatar
    Join Date
    January 22nd, 2007
    Location
    West Covina, CA
    Posts
    8,443
    Quote Originally Posted by ozdownundr View Post
    ...most of old DGM tactics to rip off both merchants and affiliate don't work anymore...
    Quote Originally Posted by ozdownundr View Post
    ...DGM relied heavily on screwing advertisers through unethical PPC affiliates, pay per view cookies & other similar tactics...
    This begs the question why ANY legitimate, ethical affiliate would have worked with them, especially when there are alternatives as you described.
    Since June 10, 2012 a vegan aarf but still writing the Hound Dawg Sports Blog
    "If you don't have time to do it right, when will you have time to do it over?" -John Wooden;
    "Raj, there’s no place for truth on the internet." -Howard Wolowitz[/SIZE]

  5. #5
    Newbie
    Join Date
    October 21st, 2015
    Posts
    4
    Quote Originally Posted by Phil Kaufman aka AffiliateHound View Post
    This begs the question why ANY legitimate, ethical affiliate would have worked with them, especially when there are alternatives as you described.
    I won't be surprised if some didn't.

    For most of others, DGM still has some big merchants which are exclusive to them. Lenovo, Avis, Budget, Microsoft Store and few large retail chains who aren't much savvy like smarter internet only retailers that were quick to leave DGM once other options became available.

  6. #6
    Newbie
    Join Date
    October 21st, 2015
    Posts
    1
    APD is a public company listed on ASX under DIG symbol.

    Its share price took nosedive a while ago and caused lots of grief to investors. Now its the turn of affiliates who are still doing business with them.

    As per their public financial documents, they have over $12 mil in other companies owing them (disgruntled advertised who stopped paying) and they lost bucketloads of money last year alone after losing 30% of their business to competition (straight from financial reports).

    As far as payments to publishers are concerned, publishers can forget them until atleast APD investors meeting next month (or forever) as company doesnt have any cash right now and will try to raise some money which is unlikely.

    In the event of bankcruptcy, publishers need to be paid ahead of shareholders but company has little assets anyways.

  7. #7
    Super Dawg Member Phil Kaufman aka AffiliateHound's Avatar
    Join Date
    January 22nd, 2007
    Location
    West Covina, CA
    Posts
    8,443
    I have no specific knowledge of Australian law, or specifically Australian bankruptcy law, but I would have to think that the general principles are pretty similar to US bankruptcy law, and here the first priority of creditors to receive some percent of repayment from whatever assets are in the bankruptcy estate are secured creditors. Next are unsecured creditors, into which category affiliates would fall. Shareholders of a corporation filing a business bankruptcy are last, and only receive any funds after the top categories are compensated.

    If I were in the position of an affiliate being owed a moderate amount of money I would immediately file a small claims court action (assuming that is available in Australia) to try to get a quick judgement before any bankruptcy filing.
    Since June 10, 2012 a vegan aarf but still writing the Hound Dawg Sports Blog
    "If you don't have time to do it right, when will you have time to do it over?" -John Wooden;
    "Raj, there’s no place for truth on the internet." -Howard Wolowitz[/SIZE]

  8. #8
    Newbie
    Join Date
    October 21st, 2015
    Posts
    4
    http://www.asx.com.au/asx/research/company.do#!/DIG

    13% decline in share price today!!

    There's something definitely wrong!

  9. Newsletter Signup

+ Reply to Thread

Similar Threads

  1. Hello from DGM
    By os.santanu in forum Introduce Yourself
    Replies: 0
    Last Post: December 20th, 2011, 12:25 AM
  2. DGM in Administration
    By lookupuk in forum UK/European Affiliates
    Replies: 0
    Last Post: July 30th, 2010, 11:59 AM
  3. DGM is now spyware free :)
    By Supercod in forum UK/European Affiliates
    Replies: 3
    Last Post: April 28th, 2004, 01:11 AM
  4. 180solutions at DGM Australia / Isubscribe
    By Dynamoo in forum Suspicious Activity!
    Replies: 1
    Last Post: February 16th, 2004, 04:44 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •